The World Bank has granted nearly $300 million to the Eastern and Southern African Trade and Development Bank (TDB) to enhance distributed renewable energy (DRE) and clean cooking ventures within… read more →

Learn about the debt crisis that African governments are facing & the need to renegotiate debts in order to avoid defaulting.

The United Nations Conference on Trade and Development recently published the World Investment Report 2023 stating that foreign direct investment (FDI) flows to Africa reached the level of $45 billion in 2022, demonstrating Africa’s attractiveness as a destination for investment. 

To talk about Absa’s sustainability plans, Trade Finance Global’s Brian Canup spoke with Msizi Khoza, Managing Executive ESG, Absa and Ovizikhungo Sicwetsha, Pan African Head, Short Term Finance, Absa.

Europe remains one of the most important continents for African trade, but recent years have seen a decline relative to other regions, with a notable uptick in flows from China and MEA regions.  

African Export and Import Bank (Afreximbank) has now established partnerships in its African Trade Facilitation Programme (AFTRAF) with over 80% of Africa’s commercial banks, according to the executive vice president of the Intra-African Trade Bank (IATB), Kanayo Awani.

At the ITFA annual conference in Abu Dhabi, Trade Finance Global (TFG) spoke with Mosa Tshabalala, Head of FI Trade Sales (International), Risk Distribution and Syndications at Absa Group, to explore the role of trade finance risk distribution in the African context.

The livestream is an integral part of FCI’s 55th Annual Meeting in Marrakech.The annual meeting is a focal point in the industry calendar, covering a spectrum of topics from the launch of the UNIDROIT Factoring Model Law to the rise of receivables exchanges and marketplaces.

Over the past year, Africa has made notable strides in digitizing its payments landscape, culminating in South Africa’s recent entry into the global low-cost real-time payments network. “From the launch… read more →

The African Export-Import Bank (Afreximbank) plans to increase its funding for trade within Africa to $40 billion through a revolving fund by the year 2026. This development follows the bank… read more →